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1903 Ford Model A Sold at Auction – Car Pro News

One of the oldest surviving cars sold by Ford Motor Co. was auctioned for $264,000 last weekend in Hershey, PA.
The original 1903 Ford Model A Rear Entry Tonneau, a model sold from July 1903 to March 1904, sold for less than half of its 2007 auction value of $630,000, according to RM Auctions.
Carlton Pate III, a collector of antique cars and author of “Pate’s Early Ford Automobile Encyclopedia,” said the winning bid was a more reasonable price compared to the price paid in 2007.
“With its provenance, and it’s an early one, it’s a great little car,” he said. “It’s also got a little history behind it.”
The car had last gone to auction in 2010, receiving a high bid of $325,000, but that amount did not meet the auction reserve.
RM had estimated the value of the vehicle, the only surviving Model A from the first production run of three cars, at $350,000 to $500,000.
The 1,250-pound car originally retailed at $850, according to an archived ad on the website EarlyFordRegistry.com.
Pate said Ford records show this Model A is not the oldest car Ford sold, because there was at least one other car shipped the same day.
Pate said the car is one of the oldest sold and that automobiles at the time were stamped with as many as four separate serial numbers in different places, which makes it difficult to determine exactly which surviving car is the oldest.
RM said the car retains all of its original early features, including the rare Kingston carburetor and the original coil box stamped No. 30.
EarlyFordRegistry.com said 677 of the original closed-rear Model A cars were produced; an additional 1,131 updated open-rear Model A with a 10-horsepower engine and improved cooling were also produced.

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